Speculation amped up after Vanity Fair’s Hive blog reported that Univision — the struggling Spanish-language TV network that owns Fusion and Gizmodo — could be bailing on its digital holdings.

Univision bought Nick Denton’s old Gawker Media minus its toxic flagship site in 2016 for $138 million, a price that most found surprisingly high.

Now, according to the new report, Jay Penske’s Penske Media, which owns WWD, Variety and Deadline, and Barry Diller’s IAC Corp., owner of the CollegeHumor site, are being mentioned as landing pads.

When asked, IAC said it doesn’t comment on speculation. Penske declined to comment. Sources close to the situation say there are no offering documents circulating for a pending sale, despite a Boston Consulting Group report first disclosed by the Wall Street Journal in March that proposed cuts of up to 35 percent for Fusion and Gizmodo.

A Univision spokeswoman said, “UCI is undergoing a multi-year transformation initiative as part of our efforts to navigate and prosper in today’s media landscape and remain an unwavering advocate and source of information for our audiences. We are focused on challenging ourselves to pursue strategies that strengthen our competitive edge and best position us for the future. As part of this process, we are taking steps necessary for our business to continue to thrive, but we will never compromise our duty and purpose to inform, entertain and empower, which is more important today than ever before.”